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Williams-Sonoma soars in Q1, topping earnings and sales estimates
San Francisco – Williams-Sonoma had a strong first quarter of fiscal 2014, with net income climbing 17% to a better-than-expected $46.16 million from $39.17 million.
Net sales grew 10% to $974.33 million from $887.8 million, also topping estimates.
Total same-store sales grew 10%. Williams-Sonoma credited much of its success during the quarter to market share gains and advantages conferred by its multichannel operations.